BORG ARMERING EIENDOM AS

1718 GREÅKER

Finances

Share Ownership

Return on Equity

1,85 %

Current Ratio

3,46

Debt-to-Equity Ratio

2,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 326 000	2 185 000	1 728 000	1 305 000
Net Income	78 000	123 000	−674 000	3 000
Total Assets	14 702 000	15 862 000	16 092 000	15 620 000
Total Equity	4 224 000	4 146 000	−478 000	197 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 326 000	2 185 000	1 728 000	1 305 000
Expenditure	1 787 000	1 583 000	2 351 000	1 123 000
Operating Profit	539 000	602 000	−622 000	181 000
Financial Income	1 000	0	0	0
Financial Costs	440 000	444 000	242 000	177 000
Financial Balance	−439 000	−444 000	−242 000	−177 000
Earnings Before Tax	100 000	158 000	−865 000	4 000
Tax	22 000	35 000	−190 000	1 000
Net Income	78 000	123 000	−674 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 733 000	14 749 000	15 608 000	14 746 000
Total Current Assets	969 000	1 113 000	484 000	874 000
Total Assets	14 702 000	15 862 000	16 092 000	15 620 000
Total Retained Equity	−776 000	−854 000	−978 000	−303 000
Total Equity	4 224 000	4 146 000	−478 000	197 000
Total Long-Term Debt	10 198 000	11 457 000	16 428 000	15 118 000
Total Current Debt	280 000	260 000	142 000	305 000
Total Equity and Debt	14 702 000	15 862 000	16 092 000	15 620 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 326 000	2 185 000	1 728 000	1 305 000
Revenue	2 326 000	2 185 000	1 728 000	1 305 000
Cost of Goods Sold	51 000	154 000	95 000	0
Salary Costs	0	0	0	0
Depreciation	994 000	993 000	888 000	583 000
Impairment	0	0	0	0
Expenditure	1 787 000	1 583 000	2 351 000	1 123 000
Operating Profit	539 000	602 000	−622 000	181 000
Financial Income	1 000	0	0	0
Financial Costs	440 000	444 000	242 000	177 000
Financial Balance	−439 000	−444 000	−242 000	−177 000
Dividends	0	0	0	0
Net Income	78 000	123 000	−674 000	3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 512 000	14 437 000	15 243 000	14 671 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	177 000	246 000	278 000	75 000
Total Tangible Assets	13 689 000	14 683 000	15 521 000	14 746 000
Total Fiancial Fixed Assets	44 000	65 000	87 000	0
Total Fixed Assets	13 733 000	14 749 000	15 608 000	14 746 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	552 000	696 000	108 000	381 000
Total Current Assets	969 000	1 113 000	484 000	874 000
Total Assets	14 702 000	15 862 000	16 092 000	15 620 000
Total Equity	4 224 000	4 146 000	−478 000	197 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 198 000	11 457 000	16 428 000	15 118 000
Creditors	62 000	54 000	22 000	262 000
Unpaid Taxes	13 000	38 000	43 000	0
Dividends	0	0	0	0
Other Current Debt	77 000	37 000	77 000	26 000
Total Current Debt	280 000	260 000	142 000	305 000
Total Equity and Debt	14 702 000	15 862 000	16 092 000	15 620 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,85 %	2,97 %	141 %	1,52 %
Debt-to-Equity Ratio	2,41	2,76	−34,37	76,74
Operating Profit Margin	23,17 %	27,55 %	−36 %	13,87 %
Current Ratio	3,46	4,28	3,41	2,87
Quick Ratio	3,46	4,28	3,41	2,87
Equity Ratio	0,29	0,26	−0,03	0,01
Gross Profit Margin	97,81 %	92,95 %	94,5 %	100 %